BNEF: by 2040, almost 60% of new car sales will be electric
According to estimates by Bloomberg sales of fuel and vehicles has already peaked, and perhaps never more to rise, because the price of batteries fell. The increase in the number…

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All official electric vehicles of Ukraine: prices, specifications, specifications
The level of popularity of electric vehicles in Ukraine and legislative initiatives that contribute to the further popularization of eco-friendly cars in the country, are increasingly forcing dealers to think…

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The fight against "diesel" increased harmful emissions into the atmosphere
The "deselect" in 2016, which revealed that Volkswagen AG has used the program codes to the lowering of emissions of nitrogen oxides in their cars, found that the level of…

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Monthly Archives: December 2017

BNEF: by 2040, almost 60% of new car sales will be electric

According to estimates by Bloomberg sales of fuel and vehicles has already peaked, and perhaps never more to rise, because the price of batteries fell. The increase in the number of electric vehicles, in turn, means that the peak demand for oil can come in just 10 years.

According to a new Bloomberg NEF report, oil demand is projected to peak in 2028 for passenger cars and in 2035 for commercial vehicles. The rapid growth in electric vehicle sales will cause a slowdown, a peak, and then a drop in oil consumption. Oil prices and the cost of investment in oil companies will fall. Continue reading

Electric cars will not save the planet without renewable energy

Several countries, including France, Norway and the UK, are planning to abandon fossil-fuel-powered cars by 2040-50 to reduce air pollution and combat climate change. The idea is to replace cars with internal combustion engines by electric vehicles. However, this is unlikely to help the environment, as electric vehicles are charged with electricity, which is produced from the same “dirty” fossil fuel.

By 2040, global electricity consumption by electric vehicles will rise to 1,800 TWh — about five times the current annual electricity consumption in the UK. Using UK data as a benchmark, carbon emissions will amount to an additional 510 megatons coming from the electricity sector worldwide. But this figure can be significantly reduced if electricity is produced exclusively from renewable energy sources and not from fossil fuels. Continue reading

World automakers see China as their launching pad for electric vehicles
This week, some of the world's largest automobile companies presented their flagship electric vehicles at the Shanghai motor show. Many of these electric cars will only be available in China,…

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Depreciation of electric cars is happening faster than anticipated: in 2022 electric cars will become cheaper than internal combustion engine cars
Every year BloombergNEF analyzes the cost of buying an electric car in all major parameters and compares it with the cost of a car with an internal combustion engine of…

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Tesla Model S and X were created a long time ago, but they continue to be the standard of electric vehicles
"There will be no updates to Model X or Model S, only a number of minor current changes" — this short statement by Elon Musk caused a storm of gloomy…

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